Amadeus IT Group, S.A. (OTCMKTS:AMADY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Amadeus IT Group, S.A. (OTCMKTS:AMADYGet Rating) has received an average recommendation of “Hold” from the ten brokerages that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $60.70.

A number of research firms have weighed in on AMADY. Redburn Partners began coverage on shares of Amadeus IT Group in a report on Wednesday, September 28th. They set a “buy” rating on the stock. The Goldman Sachs Group raised shares of Amadeus IT Group from a “neutral” rating to a “conviction-buy” rating in a report on Thursday, December 8th. JPMorgan Chase & Co. cut their price objective on shares of Amadeus IT Group from €62.00 ($67.39) to €61.00 ($66.30) in a report on Monday, November 7th. Morgan Stanley cut their price objective on shares of Amadeus IT Group from €69.00 ($75.00) to €66.50 ($72.28) in a report on Monday, October 17th. Finally, HSBC cut their target price on shares of Amadeus IT Group from €60.00 ($65.22) to €58.00 ($63.04) in a report on Wednesday, November 23rd.

Amadeus IT Group Trading Up 1.8 %

AMADY stock opened at $61.48 on Friday. Amadeus IT Group has a twelve month low of $42.98 and a twelve month high of $72.58. The company’s 50 day moving average is $54.71 and its two-hundred day moving average is $53.28. The stock has a market cap of $27.70 billion, a P/E ratio of 78.82 and a beta of 1.18.

About Amadeus IT Group

(Get Rating)

Amadeus IT Group, SA, together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. The company operates through two segments, Distribution and IT Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services.

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Analyst Recommendations for Amadeus IT Group (OTCMKTS:AMADY)

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